Announced
Financials
Sources
Tags
Domestic
data lake platform
Majority
Pending
Private
Single Bidder
United States
Software
Friendly
Acquisition
Private Equity
Synopsis
Idera, parent company of global B2B software productivity brands, agreed to acquire Qubole, a provider of open data lake solutions. Financial terms were not disclosed. "Companies generate and store both structured and unstructured data at unprecedented levels. Qubole's reputation as the leading cross-platform solution focused on unstructured data is a fantastic addition to Idera's Database Tools division. In particular, it will pair well with Idera’s WhereScape business, the leading provider of data automation solutions for data warehouses," Randy Jacops, Idera CEO.
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